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You manage a product with demand rate of 1600 units per year. The fixed order cost is $10, and the variable purchasing cost is $4 per unit. You calculate holding cost at $0.80 per unit per year. EOQ=200 units
Suppose your supplier offers the following incremental order discount: If you order more than 250 units, the purchase cost for units ordered above 250 is decreased to $3.80; the first 250 units still cost $4 each. Does you order quantity change? If yes, what is the new quantity? Does your yearly cost change, and by how much if so?
Think back to a time when you had a supervisor or coworker who you believe made an unethical decision or exhibited unethical behavior. List at least two reasons why you think people are tempted to act unethically. Describe the most effective safe gua..
Think about a company where the product necessitates input from employees at all levels.Each employee is a specialist with special knowledge that must be shared throughout the organization. What are the costs and benefits of an organizational structu..
What is the maximum number of orders waiting to be packed? If we double the packing capacity (from 60 to 120 orders per hour), what impact does this have on your answers in parts b, c, and d?
You wish to analyze the pedestrian traffic that passes a given store in a major shopping center. You are interested in determining how many shoppers pass this store, and you would like to classify these shoppers on various relevant dimensions. What o..
What are the most significant differences in delivering a presentation in person versus online? What are the most significant differences in watching a presentation in person versus online? How does the desired effect on the audience influence your c..
We are agree that the user should be involved in the design of the database. Class, how would you go about the process of designing a database? What processes are involved?
Honeywell and Cootes law firm still uses pens and paper regularly rather than being a technology enabled company. They estimate that they use 30 pens a day with a daily standard deviation of 5 pens. These high quality pens costs roughly $5 per pen. W..
Your small company prides itself on providing equal opportunity for all employees, regardless of such factors as age, race, or gender. It has several women and minorities in top positions, and the annual report always features photos that showcase th..
Warrenia has two regions. In Oliviland, the marginal benefit associated with pollution cleanup is MB = 300 – 10Q, while in Linneland, the marginal benefit associated with pollution cleanup is MB = 200 – 4Q. Suppose that the marginal cost of cleanup i..
Flynn would like to maintain a 90% service level. a) what safety stock level do you recommend for BX-5 b) what is the appropriate reorder point?
What is the critical path for this network? Show the activity schedule for this project. The park commissioner would like to open the park to the public within six months from the time the work on the project is started.
Your company owns a large parcel of land in a neighboring city that you have no use anymore. Two companies are interested in purchasing the land. Company A has offered you $20,000 per year for 20 years for the land. Which offer should you take, if th..
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